Pennsylvania State Employees Retirement System (SERS) vs State Universities Retirement System of Illinois (SURS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Pennsylvania State Employees Retirement System (SERS) has a stronger Pension Health Score of 57/100 (C) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 19.0 percentage points (63.1% vs 44.1%). Pennsylvania State Employees Retirement System (SERS) covers 245,000 participants.
| Metric | Pennsylvania State Employees Retirement System (SERS) | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 57/100 (C)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 63.1%* | 44.1% |
| Total Assets | $36.2B | $22.5B |
| Total Liabilities | $57.4B | $51.0B* |
| Unfunded Liability | $21.2B* | $28.5B |
| Participants | 245,000 | 218,000 |
| 1-Year Investment Return | 5.4%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | high | critical |
| Sponsor | State of Pennsylvania | State of Illinois |
Pennsylvania State Employees Retirement System (SERS) has a stronger Pension Health Score of 57/100 (C) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 19.0 percentage points (63.1% vs 44.1%). Pennsylvania State Employees Retirement System (SERS) covers 245,000 participants.